LSA 7.27% 5.1¢ lachlan star limited

A little more information in regards to Luiri Gold ltd. As per...

  1. 928 Posts.
    A little more information in regards to Luiri Gold ltd. As per your post the SRL and MQG involvement is a positive for this company.

    http://www.luirigold.com/projects.asp

    LUIRI HILL PROJECT


    The Luiri Hill Project area is adjacent to ground held by BHP Billiton in Joint Venture with AIM Resources. This consortium has been actively exploring for iron oxide gold-copper (“IOCG”) mineral occurrences.

    The area has significant potential for iron oxide copper-gold (“IOCG”) style mineralization both related to the Matala Dome mineralized structure where the Matala and Dunrobin gold deposits are being drilled, and the surrounding Katangan rocks. The project area is adjacent to ground held by BHP Billiton in Joint Venture with AIM Resources, an ASX listed company. This consortium has been actively exploring for iron oxide gold-copper (“IOCG”) mineral occurrences and last year reported a major copper intersection in one of its drill holes (ASX, Press Release - 22nd May 2007) yielding 655.4m at 0.46% Cu (including 18m at 0.20g/t Au) on their Mumbwa IOCG project.



 
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